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Venoco files for Chapter 11 bankruptcy

Venoco files for Chapter 11 bankruptcy

Pacific Coast Business Times . Venoco, the Denver-based oil and gas company with substantial operations in the tri-county region, has filed a pre-packaged Chapter 11 bankruptcy after agreeing with lenders to slash $1 billion in debt.   Venoco said March 18 that it reached an agreement with its senior lenders on a restructuring agreement. The […]

Haggen to pull out of Southwest market: Will leave store closings in its wake

Haggen to pull out of Southwest market: Will leave store closings in its wake

Haggen today announced its plan to exit from the Pacific Southwest market and realign its operations around 37 core stores and one stand-alone pharmacy in the Pacific Northwest as part of the Chapter 11 process. As part of its previously announced plan to right-size the Company, Sagent Advisors, LLC has been actively working to explore […]

Grocery chain – Haggen: Files voluntary Chapter 11 to reorganize

Grocery chain – Haggen: Files voluntary Chapter 11 to reorganize

HAGGEN FILES VOLUNTARY CHAPTER 11 PETITIONS TO REORGANIZE AROUND REDUCED PORTFOLIO OF LOCATIONS – Receives $215 Million in Debtor In Possession Financing to Support Process – Haggen, the West Coast regional grocer, today announced that in order to reorganize around its core profitable stores, it has filed voluntary petitions for reorganization under Chapter 11 of […]